Patrick A Heller

CoinWeek Podcast #45: Can the U.S. Mint Compete in the Current Coin Climate & The 2016 Election’s Effect on Gold Mobile phone users. Stream this podcast for free by downloading the podomatic app or subscribe to the CoinWeek Podcast on iTunes. This week, CoinWeek editor Charles Morgan talks with 2012 Harry Forman National Coin Dealer of the […]

Following its successful Free Money giveaway on Saturday, June 18, Liberty Coins will continue to give away free coins to incoming kindergarten through high school students from now up to Labor Day. Students will be able to select and keep up to six foreign coins each day from a treasure chest at the store in […]

In conjunction with a remote broadcast by 94.9 FM WMMQ morning host Deb Hart at their store in Lansing’s Frandor Shopping Center on Saturday, June 18, Liberty Coins will give visitors free small bags of coins currently spendable in at least 10 foreign countries. Said Liberty Coin Service Owner Tom Coulson: “Liberty Coins has become […]

By Patrick A. Heller – Liberty Coin Service Patrick A. Heller, Owner Emeritus and Communications Officer of Liberty Coin Service in Lansing, has become the first Accredited Precious Metals Dealer (APMD) in the state of Michigan. The accreditation is available only to members of the prestigious Professional Numismatists Guild (PNG) who also meet strict […]

A Special Commentary on Precious Metals Prepared for CoinWeek by Patrick A. Heller – Liberty Coin Services …… While I was on vacation recently, a long-time friend and customer sent me two important questions. He wanted to know if ordering bullion-priced physical silver for long delayed delivery ran the risk of a default in delivery. […]

By Patrick A. Heller – Liberty Coin Service Lansing Merchant Liberty Coin Service To Handle Wholesale Distribution On July 6, the Blu-Ray/DVD 3-disc Combo Pack of the Kevin Sorbo movie Alongside Night (2015) was released. The prophetic action thriller, based on the 1979 book of the same name, is endorsed by three-time presidential candidate Dr. […]

By Pat Heller – Liberty Coin Service Last Wednesday, the Federal Open Market Committee (FOMC) ended its latest regularly-scheduled two-day meeting. While the rest of the world waited breathlessly to hear what the concluding announcement would say, my media pronouncement the day before accurately explained what the statement would contain. In the announcement, the […]

By Patrick A. Heller…. Three weeks ago on April 24, Liberty Coin Service in Lansing, Michigan went live with an updated, feature-filled, coin dealer website. The new site, at http://www.libertycoinservice.com, replaced the company’s previous website that debuted in 1999. Said Liberty Coin Service Owner and General Manager Tom Coulson: “After a year of work, […]

Commentary on Precious Metals Prepared for CoinWeek.com By Patrick A. Heller Last week, a woman contacted me with a problem. She was preparing to take a domestic flight the next day carrying 15 US $20.00 Double Eagles in her purse. Like many of you, she has seen the significant recent media coverage about government officials […]

Commentary on Precious Metals Prepared for CoinWeek.com By Patrick A. Heller Precious Metals Prices are going to get more volatile starting October 1. The CME Group (NASDAQ: CME), which owns the COMEX, NYMEX, GLOBEX, and other commodity exchanges, has announced new margin rules on leveraged accounts to take effect that date in order to comply with […]

Commentary on Precious Metals Prepared for CoinWeek.com By Patrick A. Heller Over the past few years, JPMorgan Chase & Co. has paid more than $25 billion in fines and penalties for a variety of infractions. However, the July 29 announcement by the Commodity Futures Trading Commission (CFTC) of filing and settling charges against JPMorgan Securities […]

Commentary on Precious Metals Prepared for CoinWeek.com by Patrick A. Heller The 30-year $400 billion agreement for Russia to supply natural gas to China without using US dollars for payment is just one of the opening salvos by these two nations to destroy the US dollar. There are a number of other attacks on the US […]

By Patrick A. Heller – Liberty Coin Service A major trade last week has all the tell-tale signs of institutional gold price manipulation… The suppression of gold and silver prices is virtually an all-day everyday experience. It is so flagrant and blatant that analysts like me actually grow weary of exposing the obvious manipulation of precious metals […]

By Patrick Heller – Liberty Coin Service If you asked the average person on the street if government should be responsible for establishing monetary standards and the issuance of circulating money, I suspect that a very high percentage would agree. In my judgment, those who think that way would be wrong. The invention of money was […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com …….. By now, I suspect that many of you have heard about the 60 Minutes program two Sundays ago. It exposed the impact of high frequency trading at 1) increasing the profits of brokerage firms, and 2) resulting in individual investors selling their holdings for a […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com …….. In the previous two weeks, the US Treasury has been forced to pay out a net of $65 billion to cover US dollars and US Treasury Debt being repatriated. Some amount of this is almost certainly 1) in retaliation by the Russian and […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. The World Gold Council today released its “Gold Demand Trends Full Year 2013” report. This latest report alleges that China’s jewelry demand for 2013 (on page 19 of the report) was 150.7 tons (about 4.85 million troy ounces), that the Chinese bar and coin […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. With all the investigations into market rigging in the mortgage markets, LIBOR interest rate market, and foreign currency exchange trading, it should come as no surprise that official investigations have started into the manipulation of the London market gold and silver price fixes. Even […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. At the start of each year, I review the 10 predictions that I made a year earlier. If you are making predictions that you hope people consider, you need to be held accountable for what you say. I never hit it perfect, or even […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. It has been somewhat widely reported by the media that Thanksgiving weekend retail sales volume fell from 2012 levels. I can think of two significant probable reasons why this occurred. First, even though the US government and the media are trying to pretend that […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. When you see gold and silver future price projections put out by the likes of Goldman Sachs, JPMorgan Chase, HSBC, Bank of America, Citigroup, and other trading partners of the US government, keep in mind that they are almost certainly being told what to […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. A member of Russia’s national legislature, Mikhail Degtyarev has introduced a bill in that nation’s parliament to outlaw the use or possession of US Dollar currency. Degtyarev, a member of the Liberal Democrat Party and a losing candidate for mayor of Moscow in the […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. The Continuing Appropriations Act of 2014 enacted this week proves once more that you can count on politicians to think of themselves first, and the people last. Section 1002 of this law has its own title, “Default Prevention Act of 2013.” This section effectively […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. On October 10, the People’s Bank of China signed a three-year $60 billion currency swap agreement with the European Central Bank. This followed the October 1 Chinese swap agreement with Indonesia and the September swap agreements with Hungary and Albania. With the latest signing, […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. Last Wednesday, the US Commodity Futures Trading Commission (CFTC) issued a news release titled “CFTC Closes Investigation Concerning the Silver Market.” The last sentence of the first paragraph states, “Based upon the law and evidence as they exist at this time, there is not […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. Let me present two examples that may help you better understand what inflation of the money supply (now called quantitative easing by the US government) does to the economy. First, picture in your mind an economy that has a particular quantity of goods and […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. After the latest Federal Open Market Committee meeting ended September 18 with an announcement that the Federal Reserve would continue inflating the US money supply (masked by calling it “quantitative easing”) by $85 billion per month, initial media reports carried astonishing statements. For instance, […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. Last week, a customer of mine forwarded to me the text of a letter he received from the US House of Representatives member for his district. The August 28 letter was in response to our customer’s request that this Representative support H.R. 77, the […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. On August 7 I wrote my company’s latest monthly newsletter (titled Liberty’s Outlook). The headline read “The Wait Is Almost Over”. As I write this early Tuesday morning, the price of gold is up more than 10% and silver over 25% in the past […]

By Patrick A. Heller Commentary on Precious Metals Prepared for CoinWeek.com ….. Don’t look now, but the US and world population is getting older. The average age of members of the American Numismatic Association (coin collectors) is over 50. The shift will become even more dramatic as the greater number of people born during the Baby […]

DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management.CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made.